Buying a short sale home with a VA loan. Veterans can use their VA loan to purchase a short sale property as long as the home meets VA guidelines (safety, livability, and a justified sale price insured value).
verb (used with object), privatized, privatizing. 1. to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands. 2. to make exclusive; delimit or appropriate: special-interest groups attempting to privatize social issues.
Privatization may also describe ownership changes not involving the public/government sector. The first is the purchase of all outstanding shares of a publicly traded company by private investors. The shares are then no longer traded at a stock exchange, as the company became private through private equity. The second such type of privatization is the demutualization of a mutual organization or cooperative in order to form a joint-stock company.